bdp24,
I agree with you about the relative merits of Soundlab electrostatic speakers vs. the Altec Voice of the Theater speaker. The Altec tonal coloration is way too unnatural for my taste as well. At one time I considered buying Soundlab speakers. But, while most of the commercially available compression driver systems suffer from too much tonal issues for my taste, I've heard many custom systems that sound very good; I ended up with such a system.
I feel the same way about many other high efficiency speaker types, such as full range single driver systems. I ultimately don't like their tonal balance and rough frequency response (notable exceptions are Charney Audio and certain Voxativ models).
I like some systems that use "fullrange" drivers as wide range drivers in multi-way systems. In some, a woofer supplements the fullrange driver, in others, a tweeter is added on top. An example is the Soundkaos Model 42 (fullrange driver plus a Raal ribbon tweeer on top). My favorite system utilizes an old Jensen M10 fieldcoil driver (13" fullrange driver) in an open back cabinet (open baffle) operating full range, but with a first order high pass crossover to a tweeter supplementing the single driver (the system I heard had a Jensen RP 302 tweeter, but, I am told that a Western Electric fieldcoil 597 driver is better).